In 2018, each person can make a tax free gift of $15,000.00 in value per donee. Accordingly, a husband and wife could gift $30,000 to each of their children as a tax free gift in 2018. As a reminder, if you make a gift by check, the check needs to be deposited and cleared prior to the end of the year.

Connect With Us

REMEMBER: "The choice of a lawyer is an important decision and should not be based solely upon advertisements." This statement is required by rule of the Supreme Court of Missouri.

Advertising material: commercial solicitations are permitted by the Missouri Rules of Professional Conduct but are neither submitted to nor approved by the Missouri Bar or the Supreme Court of Missouri.